Tuesday, October 18, 2011

The dollar was prepared in a crushing fall

Finansy30-06-2008 U.S. prepared for a crushing fall threw himself too mild statements the U.S. Fed, the dollar last week resumed its rapid decline. The current week will be busy on the yield of important U.S. statistics. Judging by the preliminary data, the experts are inclined to believe that "American" will return to a level of 1.6 dollars per euro, thus reducing to 23.3 rubles to the dollar. Last week, in relation to its competitors dollar started very aggressively. First support is the U.S. national currency has been provided reports made at the weekend. Saudi Arabia promised to increase oil production, which positively affected the appreciation of the "American". In addition, the weakening dollar has contributed to major competitors and the publication of the German index of expectations in the business community IFO, as well as the Purchasing Managers Index for Eurozone industrial sphere, published on Monday. However, this increase in the dollar has stopped, and the subsequent course of events has developed in favor of opponents of U.S. currency. Published on Tuesday reports about the possibility of a new rise in oil prices because of the strikes oil companies operating in Nigeria have become another impetus to the decline of the dollar, said in an interview Bigness.ru chief of analytical department of the Civil Code "Forex Club" Alexey Trifonov.

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